SupplierEvaluations Blog on International Trade, Wholesale Supplier and Low Cost Country Sourcing

I am a fan of the total cost of ownership (TCO) model. Simply put, it is an assessment of all costs, both direct and indirect, that are involved with an item over its life. While many of the cost elements are estimated, you can build a pretty accurate forward looking cost model based on experience or current cost forecasts. The key is to be aware of all associated costs of a purchase.

Kudos to Supply and Demand Chain Executive magazine for once again publishing their Interactive Global Supply and Demand Chain Map.

Having lived in USSR, Israel and the United States (in this order, mind you ) I learned to appreciate the benefits offered by the free and open society. What amazed me the most is the practical implementation of the idea that personal freedom and an enterprising spirit can create wonders… and in a very short time.

October 18-24 is Small Business Week in Canada. This country wide event is sponsored by the Canadian Trade Commission

The delivery of H1N1 vaccine to Massachusetts, and other states, is again delayed and that is beginning to cause some media related panic.